Some of the CP 332 ‘Promoting access to affordable advice for consumers’ project has been put on hold as the corporate regulator assesses what funding will be needed for ...
The remuneration standard comes into effect at the start of 2023 and aims to create more balanced incentive structures for the superannuation, insurance, and banking indu...
Centrepoint’s acquisition of Clearview’s advice business will create a new combined entity that will be one of the largest financial planning groups in the country in ter...
The corporate watchdog has said it has been communicating with Government and Treasury about its funding model for three years but that they needed to be compliant with t...
This relief would see the corporate regulator’s levy restored to its FY19 level of $1,142 per adviser for the next two years, while the flat per licensee charge would rem...
Industry bodies have welcomed the Government’s decision to implement a temporary reduction in cost recovery levies for the next two years, as well as a review of the indu...
Gillian Wilson has been appointed as portfolio manager of Antares Fixed Income, commencing from 13 September, 2021....
Realside Financial Group has appointed Justin Lal as its new investment director....
While the corporate regulator’s levy relief for financial advisers is welcome other financial services participants are also being subject to rising fees that are debilit...
Pengana Capital Group has seen funds under management reach $4 billion, as the Emerging Companies and High Conviction Equities funds see strong performance over the finan...
Outlined in its corporate plan, the Government welcomed the corporate regulator’s embrace of the “deregulation agenda”....
There will be more balance in the corporate watchdog in responding to technical or inadvertent contraventions, according to a law firm. ...
Wealth platforms are likely to come under pricing pressure in the future, according to Lakehouse Capital, but their “sticky” customer base is likely to help them....
Advisers are now turning to focus on their business growth but the workload around fee consent requirements are a burden and they need efficient processes to lower this l...
Without the Government’s intervention, levies on financial advice would have increased from $25.6 million in 2017-18 to an estimated $71.4 million in 2020-21....
Successful litigation against NAB, Westpac and Dixon Advisory could add enough to the corporate regulators coffers to cover the difference from the reduced levy....
The prudential regulator has released its performance test results but an industry association has urged consumers to treat the results with “extreme caution”....
There are plenty of ESG funds available on the market, writes Warwick Schneller, but the lack of universal definition means some may not be having a real-world impact....
This is the lowest pass rate, beating the previous record of 67%, with only two exam sittings remaining this year....
While valuations are stretched in the developing world, emerging markets equities remain relatively attractive. Realindex Investments Senior Quantitative Portfolio Manage...
The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...